re: Best Credit Card Rewards Card(Posted by bryso on 12/4/12 at 9:25 pm to wheelr)

quote:This one is pretty popular right now.

You can pick 2 categories for 5% cash back.

I have read about that one on a few sites... some people say they use it to pay utility bills... power, cable, internet, phone... whatever... my thought is typically the power company charges a fee to use a CC... so how does that make the return worth it?

also i have requested a sticky for this thread... i think it should stay around for people in the future as CC is a very popular topic.

re: Best Credit Card Rewards Card(Posted by LouHoltz on 12/5/12 at 9:48 am to wheelr)

Didn't want to start a new thread so I'll ask here.

I have two credit cards: I got one in college and recently got one through Best Buy. I have relatively low limits for each (less than $1000). I'm trying to build my credit and was looking into one of these for gas/groceries. My question is which card is the best for me as I will probably not be approved for a lot given my limited credit history?

Side question. Is it better to just get one of these reward cards where I can use it on any gas station or getting a specific card for say, Shell or Chevron?

Excuse my ignorance on this as I am young and trying to learn all this mumbo jumbo.

Question to all. Planning on buying a house within the next 12 months. Okay to get my wife to apply for her own credit card? I have her as an authorized user on a couple cards and her score isn't great.

Want her to get that southwest card to get the $500 in amazon or $850 for flights.

quote:Excuse my ignorance on this as I am young and trying to learn all this mumbo jumbo.

I would recommend the Bank of America Platinum Plus...otherwise known as...the MBNA LSU Card from 1999-2004. They gave them out to everybody with $500 or $1000 limits and slowly built up. No rewards though just credit history. And its easy to qualify. Like 10% interest.